INCOME STATEMENT (Annual GAAP In millions $) |
(Dec 31 2016) 2016 |
(Dec 31 2015) 2015 |
(Dec 31 2014) 2014 |
(Dec 31 2013) 2013 |
(Dec 31 2012) 2012 |
Interest and Fee Income, Loans, Commercial, Industrial, and Agricultural Loans |
250.72 |
201.79 |
136.17 |
127.68 |
123.95 |
Other Income |
- |
0.00 |
- |
- |
- |
Total Interest Income |
250.72 |
201.79 |
136.17 |
127.68 |
123.95 |
Total Interest Expense |
161.35 |
120.99 |
57.78 |
42.97 |
35.59 |
Net Interest Income |
89.37 |
80.80 |
78.40 |
84.71 |
88.35 |
Provision
for loan losses |
27.54 |
18.39 |
27.11 |
9.74 |
12.65 |
Total Net Interest Income |
61.83 |
62.41 |
51.29 |
74.98 |
75.70 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
20.68 |
20.17 |
3.52 |
6.15 |
4.62 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Noninterest Income, Other |
- |
- |
- |
- |
- |
Non Interest Income Expense Other |
- |
-2.25 |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
29.17 |
- |
- |
- |
- |
Loss/ -Gain on Investment |
-8.34 |
0.44 |
-0.27 |
-0.07 |
0.02 |
Other Non-Interest Income |
10.35 |
- |
3.81 |
6.08 |
6.93 |
Line Of Credit Facility Interest Expense |
- |
- |
- |
2.87 |
- |
Interest Expense Related To Membership Interest Acquired In Vie |
- |
- |
- |
1.29 |
1.35 |
Gain Loss On Loans Held For Sale |
2.41 |
- |
- |
- |
- |
Total Noninterest Income |
54.26 |
18.36 |
11.22 |
13.51 |
11.57 |
Total Revenues |
116.09 |
80.77 |
62.50 |
88.49 |
87.27 |
Salaries & employee benefits, SGA |
67.44 |
51.93 |
45.52 |
49.40 |
46.30 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
- |
- |
- |
- |
- |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
- |
- |
-1.09 |
-2.06 |
- |
Total Operating
Expenses |
67.44 |
51.93 |
44.43 |
47.34 |
46.30 |
Total Costs & Expenses |
228.78 |
172.91 |
102.20 |
90.31 |
81.89 |
Income /-loss before income taxes |
48.65 |
28.84 |
18.08 |
41.15 |
40.98 |
Income taxes expenses/-benefit |
20.43 |
11.95 |
7.49 |
16.56 |
17.00 |
Income after income taxes |
28.22 |
16.89 |
10.59 |
24.60 |
23.98 |
Net income/-loss
of other equity |
0.00 |
- |
0.00 |
0.00 |
0.00 |
Income /-loss after income taxes |
28.22 |
16.89 |
10.59 |
24.60 |
23.98 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
28.22 |
16.89 |
10.59 |
24.60 |
23.98 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
28.22 |
16.89 |
10.59 |
24.60 |
23.98 |